Tech Company M&A Transactions
Opsware Acquisition
On 7/23/2007, Opsware was acquired by Hewlett Packard Enterprise. Hewlett Packard Enterprise said the transaction price was $1.6 billion.
Transaction Overview
Company Name
Acquired By
Announced On
7/23/2007
Transaction Type
M&A
Amount
$1,600,000,000
M&A Terms
HP (NYSE:HPQ) today announced that it has signed a definitive agreement to purchase Opsware Inc. (Nasdaq:OPSW) through a cash tender offer for $14.25 per share, or an enterprise value (net of existing cash and debt) of approximately $1.6 billion on a fully diluted basis.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
599 N Mathilda Avenue
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
Opsware, Inc. (Nasdaq: OPSW) provides information technology (IT) automation software products for enterprises, government agencies, and service providers. Its software products automate server and software operations in data centers, including provisioning, changing, patching, reporting, configuring, scaling, securing, recovering, auditing, and reallocating servers and business applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Benjamin Horowitz
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